SQUARE FEET40,050
MLS#73553935
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Rare Portfolio Offering: 202-218 Massachusetts Avenue is part of a three-building portfolio for sale, which also includes 36 College Avenue and 49??55 Davis Square in Somerville. The property is prominently located on the corner of Lake Street and Mass Ave. in Arlington, MA. This three-story mixed-use property comprises 24 units, including 6 commercial suites and 18 residential apartments, totaling approximately 50,032± SF of gross building area and 39,900± SF of rentable area. The property is anchored by the historic Capitol Theatre and represents a fully occupied income property with strong historical occupancy, existing cash flow, and future upside potential. PLEASE SEE FIRM REMARKS FOR ADDITIONAL INFORMATION **the property was offered under listing 73546199
Property Features
Property Type: Commercial - Business
Lot Size: 0.55 Acres
Taxes: $68,190
Year Built: 1915
Feature Descriptions
Building Area Total: 40050
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 2
Parcel Number: 318569
Rental Term: Monthly
Listed By / Shown By
Listed By
Agency Name: Carl Christie
Agent Name: Carl Christie
Agency Phone: 617-942-1137
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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202 Massachusetts Ave | MLS# 73553935
This commercial property located at 202 Massachusetts Ave, Arlington, MA 02474 is currently listed for sale with an asking price of $12,000,000. Search Arlington real estate on www.masiellogrouprealestate.com today.